Euro-Nevada to buy Doyon mine royalty
About 60% of the shareholders of Odyno Miniere Inc. (COATS) have agreed to vote their shares in favor of an amalgamation with a subsidiary of Toronto-based Euro- Nevada Mining (TSE). Odyno Miniere is …
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Midrim participating in Montana drilling
Helping to finance a drill program on a 121-claim group north of Pipestone Hot Springs, Mont., is Midrim Mining (COATS), which may earn up to a 35% interest in the property. Balance of the property wi…
Mishibishu discovery team …photo
Standing astride the outcrop that revealed the new gold showing on the western extension of the Mishibishu gold belt are: (left to right) John Harvey, president of Hemlo Gold Mines and Noranda Explora…
Bond/Homestake rationalization proceeding at Kalgoorlie mine
The word “rationalization” is used often these days, mostly to describe an effort to improve profitability. It’s also a popular expression at Bond International Gold (NYSE) which has combined its mini…
Nesbitt M & A chart
A chart of merger and acquisitions in the mining industry which was published in the June 19 issue of The Northern Miner, is available from its author Julian Baldry, a mining analyst with Nesbitt Thom…
Soil replacement for Murdochville
The Mines Gaspe division of Noranda Minerals has some “beautification” plans for its home base of Murdochville, Que. The company, over a 5-year period, hopes to restore residential land by correcting,…
B.C. miners dig deep for children’s hospital
More than $280,000 was raised for the Vancouver Children’s Hospital recently by the British Columbia mining community. Entitled “Mining for Miracles,” the campaign involved the efforts of mining compa…
Market anticipates results of Aur, Louvem drill holes
If market activity is any indication, results expected this week from the Aur Resources (TSE), Societe Miniere Louvem (TSE) massive sulphide project in Val d’Or, Que., should be encouraging. As operat…
Vancouver Stock Exchange Mishibishu claims dominate trading
Signs that gold prices are on an upward trend provided some encouragement for investors and brokers during the past week. While trading still remains generally sluggish, many expect that if gold price…
Diepdaume financing
Diepdaume Mines (VSE) is planning to issue up to 250,000 units, representing 500,000 flow-through shares (one unit consists of two shares), at 60 cents per unit, subject to regulatory approval. The c…
Louvem shareholders reject special plan
Societe Miniere Louvem (TSE) said a plan of arrangement proposed to its holders of Series A First preferred shares was rejected by approximately 96% of the common shareholders who recently attended a …
Analyst sees metals shortage following recession in 1989
Investors who have enjoyed the latest upswing in base metal prices should be ecstatic in the 1990s when prices are again set to peak, according to securities firm Nesbitt Thomson Deacon. Nesbitt, whic…